Wendys Company (The) (NASDAQ:WEN) : During the past 4 weeks, traders have been relatively bearish on Wendys Company (The) (NASDAQ:WEN), hence the stock is down -7.64% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.06% relative to the S&P 500. The stock has risen by 0.21% in the past week indicating that the buyers are active at lower levels, but the stock is down -6.15% in the past 4 weeks.
The company shares have dropped -8.73% from its 1 Year high price. On May 5, 2016, the shares registered one year high at $11.38 and the one year low was seen on Oct 2, 2015. The 50-Day Moving Average price is $9.94 and the 200 Day Moving Average price is recorded at $10.22.
The stock has recorded a 20-day Moving Average of 1.55% and the 50-Day Moving Average is 5.78%.
Wendys Company (The) (NASDAQ:WEN): stock turned positive on Friday. Though the stock opened at $9.56, the bulls momentum made the stock top out at $9.73 level for the day. The stock recorded a low of $9.5 and closed the trading day at $9.62, in the green by 0.73%. The total traded volume for the day was 2,062,277. The stock had closed at $9.55 in the previous days trading.
In an insider trading activity, Penegor Todd Allan, CFO of Wendys Co had purchased 10,000 shares on May 13, 2016 in a transaction. The price per share was $10.48 and the total amount of the disclosed transaction was $104,800.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.
The Wendys Company is the parent company of its wholly owned subsidiary holding company Wendys Restaurants, LLC (Wendys Restaurants). Wendys Restaurants is the parent company of Wendys International, LLC (Wendys), which is the owner and franchisor of the Wendys restaurant system in the United States. Wendys is the quick-service restaurant company in the hamburger sandwich segment. Wendys is primarily engaged in the business of operating, developing and franchising a system of distinctive quick-service restaurants serving food. Wendys Restaurants is the parent company of Wendys International, LLC (Wendys), which is the owner and franchisor of the Wendys restaurant system in the United States.